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Business debt Negotiation has become more and more a popular option in recent years like the most successful debt solution in the market for any financial difficulties. People can apply for business debt negotiation or personal debt negotiation but one of the main problems nowadays is that the internet has lots of misinformation about these processes, causing people to distrust these programs, due to the huge amount of scams on the net.

- What is business debt negotiation?-

Business debt negotiation is a process by which businesses negotiate with their creditors to reduce the balance of their total amount of debt. Depending on the client’s circumstances, the creditors will decide what percentage the debt will be reduced to, the reduction can be as low as 40 to 50 percent. Once the creditor receives the funds the account will be zeroed out and your business will be debt free again.

- How does business debt negotiation affect the credit score? -

If you have been paying your debt on time and you are used to having your accounts current your credit score will surely be affected, and the business debt negotiation program will have a negative impact on your account, but there is one detail worth mentioning, before you attempt to apply for the business debt negotiation program, you see, before a creditor decides to see the possibility of accepting less than the complete balance as payment, your account must be in a delinquent state meaning that at least your business will have to be behind 3 months on monthly payments.

After your business has settled or negotiated every account and every deal has been paid then the account is closed and is reported as paid in full and the credit report will reflect a zero balance on each account. After that, each account of the credit report will begin to return to a number that is acceptable and eventually you will be able to obtain a mortgage, a car loan, or any other type of credit, once again. This happens generally a few months after finishing the whole process of the business debt negotiation.

- Is there any tax liability after applying the business debt negotiation program? -

When the creditor has already agreed to settle your account for less than the full amount, they are required by the IRS to report the canceled debt, if the amount of the forgiven debt is $550 or greater you may have to pay some taxes, although there is a possibility that you may not be required to do so if you can prove that you were “insolvent” at the time you finished settling your debts.

Here is some advice for those businesses that are suffering from debt and are thinking about applying for the business debt negotiation program:

Do not wait until your business has gone bankrupt, because there are several ways of helping you with your debts, although bankruptcy may seem very useful, it is at first, but like any radical solution it also brings lots of side effects that you will have to carry for several years to come. It is not easy to make decisions being a business entrepreneur, that is why you should always look out for the professional counseling that the business debt negotiation program offers. After successfully finishing the program you can enjoy of the learning programs that the business debt negotiation program has that will help you make decisions regarding your business financial future and will guide you both through the debt free road.

We have different articles on interesting topics and experiences from current and former clients with our programs. Take a look at related topics of different situations on Business Debt Negotiation that people can fall into and how to keep yourself a debt free person.

Check these links to learn more:

Leadership and lecture are inseparable. In the world of business, information and instructions flow down the levels of hierarchy through the mode of presentations, beginning from the top position – occupied by the CEO.

Everyone in an organization, including the CEO, is assigned with certain roles and responsibilities. And, at some point or other, he may have to address people from the presentation’s platform. Therefore it is better to prepare for bigger roles.

We intend to make this job a bit simpler for you. Here are some tips that can help you deliver an effective presentation.

1. Make sure the hardware’s working fine

Before the meeting commences, send a team from the IT department to install the hardware – projector, screen, mouse, laptop, etc. Arrive at the venue early to ensure that you have personally tested if everything is set in order and all technology equipment and audio-visual support are working well.

Also, it is good to give a mini presentation to just chairs to ensure that everything goes as per the plan.

2. Start with a concern or question

Don’t waste time in unnecessary discussions that are not relevant in the context of the presentation. Throw a question straightway, raise a concern, present a problem or bring a shocker – anything that makes the audience think, be curious, concerned or even scared.

Getting the audience interested from the word ‘go’ can be a great start for your presentation.

For instance, if you are gathered to discuss sales strategies for the quarter, start with a pie chart or bar graph of the sales for the previous quarter. Similarly if you are venturing into a new business, you can start with the challenges (supported with facts).

3. Avoid handouts

Some people do prefer to distribute handouts or the printed copies of presentation. I personally find this conventional practice a big hindrance in the successful accomplishment of the objectives of presentation.

With the complete draft and information in their hands, the participants tend to read the message ahead of you. It kills their interest as they already know “whats’s up next”. If you have lost your audience before you have even started, your presentation may end up as a mere lecture of no significant consequence.

Therefore, rather than distributing handouts, you can upload the complete presentation on slideshare.net from where everybody can access it whenever they want, without bothering about misplacing the hard copies or damaging the CDs.

And of course the global message of ‘save paper’ has always been a concern to consider.

4. Ask questions and invite ideas

Make your presentation interactive by promoting a two-way communication. Ask relevant questions but to the right people. Questions arouse interest and engage audiences.

Present your point supported with substantial facts and invite suggestions and ideas. Don’t impose your opinion. Appreciate good ideas.

You can also consider a modification or addition to your slides if required. It encourages the audiences to feel comfortable allowing them to pay attention and come up with suggestions.

5. Use your time effectively

In business, time translates into money. Value time and try to conclude your presentation within the pre-decided window. If you stretch the time unnecessarily you will be wasting your time and making your audience impatient.

Use the time effectively. Cut irrelevant discussions short. Postpone individual concerns for some other time. Plan efficiently and then stick to your plan.

6. Patience pays

Patience is a virtue of leaders. You need a lot of it during presentations. Irritating questions, repeated requests to visit the previous slides, difficulty in understanding a concept or an irrelevant argument – these will test your patience in many ways.

Be patient and try to get in some humor in the course of your talk. It will help create a healthy atmosphere and get your audience involved.

There are so many other elements of a delivering a killer presentation that you can learn with experience. Improvement is a continuous process and everybody learns from experiences. The more you experience, the more you learn.

You can also learn from other’s experiences through CEO peer groups. At a CEO conference or CEO group, you will get to meet expert and experienced leaders who would share their experiences with you, therefore making you wiser and more experienced.

Energy is a critical element for any motivational speech, whether to a rally of thousands or to one potential customer or employee. So how do we express that energy and translate it to our audience?

Two elements express energy: the movement of your body and the pace of your words.

Let’s first check out movement. Movement is very important to any presentation, both to combat your public speaking nerves and as a way of keeping audience attention. Your body movement is a way of setting a mood, either good or bad. So let’s use that movement to create an atmosphere of energy and excitement.

The Magic of Movement:

Be a moving target.

Move with energy and purpose. Take long steps and use large arm movements. This conveys to the audience that you are telling them an important and exciting idea or fact.

Make use of your entire space.

If you have a full stage, travel to one end to discuss one point and look directly at the people in that part of the audience. Then go to the other end, then the center, etc. If, on the other hand, you are locked behind a podium or table, or even seated in front of a client, make good use of all the dimensions of movement, even if you can’t go very far with your feet. Lean ahead, step back. Deeply bend your knees, reach up while on tiptoe. Reach around the podium to your left, lean on the podium with your right elbow. If you are seated, use your tailbone as a pivot and cover all the dimensions.

Pick Up Your Speaking Pace:

Ralph Nichols, one of the first people to study effective listening, discovered a surprising fact: listeners stayed more attentive and gained more information and understanding from fast-paced speakers than they did from their slower or moderately paced colleagues. His studies showed that the reason for this is that people can listen about three times faster than the average person speaks. What happens then is that about two-thirds of the listening time is available for thinking about something else… and pretty soon, the ‘something else’ becomes more interesting than the speaker.

So, to keep your audience’s attention, the answer is this: speak faster than you do in day-to-day conversation. This pace has the added advantage that it makes the audience feel they might miss something if they get distracted. When they are that focused, your energy becomes their energy and they buy into your message.

Both your movement and your speaking pace are critical to creating energy in the audience, yet there is another factor which is perhaps most critical of all:

The most significant way to transmit energy to your audience is to truly care about your subject.

In our presentation skills coaching, we often tell the story of safety advocate Ralph Nader, who is definitely not a flamboyant presenter, but who has such concern for his subject that his emotional energy immediately draws you in.

Unleashed energy can be extremely powerful.

Leashed or unleashed, energy is a significant key to motivating an audience, selling a product or project, raising funds or presenting a new policy. It also establishes you as a ‘want-to-hear’ presenter